Consider the Following to Answer the Question(s) Below

question 27

Multiple Choice

Consider the following to answer the question(s) below:
A large national retailer of electronics conducted a survey to determine consumer preferences for various brands of digital cameras. The table summarizes responses by brand and gender.

-Of the consumers who are male, the percentage who prefer Pentax is

• A) 44.1% (275/623).
• B) 6.6% (41/623).
• C) 52.6% (41/78).
• D) 14.9% (41/275).
• E) 12.5% (78/623).

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Definitions:

Finished Goods

Merchandise that has been through the manufacturing phase and is now ready for customer purchase.

Accounts Receivable

Financial obligations customers have towards a business for received goods or services that remain unpaid.

Factory Overhead

Refers to the indirect costs associated with manufacturing, including costs for utilities, rent, and maintenance of equipment not directly tied to the production of goods.

Labor Costs

The total sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer.